← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 71 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

NameDateTime takenScore ___ / 40
  1. 1.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) card paper (d) a cash box
  3. 3.True or false: “a cooler box” is a running cost. (a) True (b) False
  4. 4.True or false: “a price board” is a one-time cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  6. 6.Dev has ₹380 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Dev can buy?
  7. 7.Kabir plans to make 19 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  8. 8.Diya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Diya can buy?
  9. 9.Which of these is a one-time cost? (a) ice (b) paper cups (c) a price board (d) lemons
  10. 10.Lakshmi’s stall budget is ₹620. Pots cost ₹200, ribbon cost ₹210 and a banner cost ₹130. How many rupees of the budget are left?
  11. 11.Diya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) tea leaves and milk (d) a price board
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.True or false: “sugar” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cloth banner (d) paper cups
  17. 17.Which of these is a one-time cost? (a) lemons (b) ice (c) a cooler box (d) paper cups
  18. 18.True or false: “a cash box” is a running cost. (a) True (b) False
  19. 19.Dev has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Dev can buy?
  20. 20.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  21. 21.Which of these is a running cost? (a) a price board (b) a cash box (c) lemons (d) a folding table
  22. 22.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) card paper (d) seeds and soil
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) ice (d) paper cups
  24. 24.Nisha’s stall budget is ₹730. Lemons cost ₹260, paper cups cost ₹130 and a banner cost ₹180. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a price board (d) lemons
  26. 26.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  27. 27.Lakshmi plans to make 28 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  28. 28.Farhan has ₹70 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Farhan can buy?
  29. 29.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  30. 30.Kavya plans to make 43 clay diyas. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  31. 31.Joseph’s stall budget is ₹530. Paper cups cost ₹100, ribbon cost ₹90 and pots cost ₹230. How many rupees of the budget are left?
  32. 32.Tara has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  33. 33.True or false: “card paper” is a running cost. (a) False (b) True
  34. 34.Kavya’s stall budget is ₹680. Seeds cost ₹190, paper cups cost ₹180 and pots cost ₹160. How many rupees of the budget are left?
  35. 35.Arjun has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  36. 36.Dev’s stall budget is ₹850. Lemons cost ₹280, napkins cost ₹90 and ribbon cost ₹200. How many rupees of the budget are left?
  37. 37.Nisha plans to make 40 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  38. 38.Farhan has ₹210 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Farhan can buy?
  39. 39.Nisha has ₹420 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Nisha can buy?
  40. 40.Saanvi plans to make 34 handmade cards. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?

Answer key

  1. a running cost
  2. card paper
  3. False
  4. True
  5. a running cost
  6. 63
  7. 174
  8. 46
  9. a price board
  10. 80
  11. No
  12. a one-time cost
  13. tea leaves and milk
  14. a one-time cost
  15. True
  16. paper cups
  17. a cooler box
  18. False
  19. 34
  20. True
  21. lemons
  22. a folding table
  23. a cooler box
  24. 160
  25. lemons
  26. a one-time cost
  27. 164
  28. 3
  29. False
  30. 388
  31. 110
  32. No
  33. True
  34. 150
  35. No
  36. 280
  37. 240
  38. 42
  39. 35
  40. 496

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids